Inside Market Data: Wall Street Horizon Taps TMX Datalinx to Sell Event Data Worldwide
Wed February 18, 2015
TMX Datalinx, the market data division of Canadian exchange group TMX, has signed an agreement to become a global distributor of event forecasting data from Woburn, Mass.-based corporate earnings and event data provider Wall Street Horizon (WSH).
The deal will allow WSH to expand its global reach and enable TMX Datalinx to grow its existing range of multi-asset class, real-time, reference and historical data products, officials say.
WSH's dataset provides details of upcoming earnings dates and conference calls, announced dividends and stock splits, and dividend statuses, as well as shareholder and board meeting information for more than 4,700 companies traded on North American exchanges.
Under the deal, TMX Datalinx will sell the datasets to its base of 8,000 clients in Canada and around the globe. The data, which can be used as an indicator for stock price movements, is likely to be attractive to sell-side firms, active traders interested in the Canadian markets, and market makers.